The state of the American Housing market. First, though, to sue whos here at cnbc headquarters because the traffic was so bad in the city. It is really awful out there today, ty. I had to turn around and come right back. Were going to talk stocks which are marching to new record highs. Growth in the u. S. Services sector surging to a nineyear peak. Europe announcing a big stimulus plan to revive that region. Major ramifications with that move. So lets take a look at how things are faring right now. Dow jones industrial average is 35 on the trading section. S p 500 up about 4. 5 points. Up for the first day in three the nasdaq the best gain in more than two weeks. It is traded on the up side by better than a quarter of a percent. In terms of 10year note the yield was baumped up to 2. 45 today. Lets take a look at the dollar versus the euro especially with the move earlier this morning. You can see we are moving off the lows of the trading session, right, ty . That is right, suit. Thanks
As a Global Economic indicator. They see obviously a tough 2013. They talk about it being choppy in the first half. For this year 2012 they have lowered their numbers. Again, this is the second time they have put out a cautionary tone and having to change the numbers. They said maybe in the back of 2013. So that sort of feels like a long time to wait. Everybody wants some numbers here and now. We did see the stock move here to the down side, but it has recovered and moved back into the green, so its up 1 1 4 . But this comes on the heels of other Dow Companies that came out with some tough numbers last week including mcdonalds and general electric. Back to you. Nicole thank you very much. Its been a rough week for Solar Companies. A judge confirming solyndras bankruptcy plan earlier today despite protests from the government which stands to lose about half a billion dollars invested in that company. So this comes after two more Companies Subsidized by the Energy Department of our gover
Earnings today, 8 00, citigroup. Scarlet will be all over that. We know Second Quarter trading revenue will probably be around 20 to 25 down. Potential settlement with doj. 7 billion . That is the number circulating. Two separate events. Items of note, watch out midwest, theres a polar cortex coming your way. 40 degree temperatures at night, 60s in the day. 70 here, maybe. Tom, youre looking very serious. Trying to figure out which scarf to wear with your bow tie . There goes the gdp numbers. Sorry. Is how stupid this game is. We should point out, bastille day in france. Their equivalent of july 4. Lets get a data check. Lets get started. Bring crude under 107. Gold really pulls back. Where are we on the up with the markets . We will address it in this hour of bloomberg surveillance. The 200day moving average. I usually dont show this. That distance is really something between a steady moving up i think youre showing this, you get far above the trendline, overextended. That is the emot
Bowl jersey. Good morning, everyone. It is tuesday, february 7th. Im alex witt alongside ayman molheydin and louis burgdorf. Foreign visitors are hurrying to reach the u. S. And pass through customs ahead of the hearing scheduled for 3 00 p. M. Pacific held today. Late last night the president tweeted, the threat from radical islamic terrorism is very real. Just look at what is happening in europe and the middle east. Courts must act fact. The states against the temporary ban, washington and minnesota, argue that the president up leashed chaos by signed the executive order and to reinstate it would harm their economies and colleges. Press Secretary Sean Spicer told employees aboard air force one the white house is optimistic. Clearly, the law is on the president s side. The constitution is on the president s side. He has broad discretion to do what is in the nations best interest to protect the American People. We feel confident well win this matter. What were you able to find in the e
Continues right now. Care for a good time bring the sunshine with the red line and moonshine clouds in new york city. Nort. You are watching fox and friends first on wednesday morning. Rob epic weather. We know a good nap. Dont ever questions that. Thanks for getting up early with us. Enough is enough, senator Chuck Grassley denying calls to delay Brett Kavanaughs confirmation hearing. Jillian a blockbuster day of testimony before a fiery confirmation vote. Griff jenkins in washington with the latest. Reporter the judge and his accuser will go before the Judiciary Committee tomorrow morning, Chuck Grassley writing the letter to diane feinstein, quote, im not going to silence doctor ford after i promised her that i would provide a safe and dignified opportunity to testify continuing there is no reason to delay any further. Grassley says this includes statements by 5minute rounds of questioning for each senator. Republicans bringing in a prosecutor with decades of experience prosecuting